St. Paul daily globe., 1887-11-23
The COMMERCIAL RECORD.
On the Chicago Board of Trade Yester-
day the Big Scalpers Did a
Heavy Business.
The Continuance of Dry Weather Was
Used by the Bulls to Keep the
Wheat Figures Up.
Transactions in the Financial Circles
of Wall Street.-The General
Quotations.
Special TO the Globe.

Special TO the Globe.
CHICAGO Nov. 22.-The board OF trade
markets were very lively this morning. There
was great activity i'll grain, and the provision
pit was the scene of considerable excitement.
Leopold Bloom bought 10000 bbls OF Janu-
ary pork in one lot of Charlie Singer at Sl4,
and accumulated additional large lines at the
same figure. His purchases are at around
SI4. reaching probably 100000. He put
most of the pork down TO Robert Warren,
move that occasioned no little surprise aud
comment. Provisions opened weak but
buIged upward during the first half hour.
Pork fuctuated DC, lard 7I2c and ribs
5@7Iac January lard was quoted at 81. l2l2.
and January ribs at S6.91 l2@7.O5- May
wheat opened at S314c, advanced sharply TO
S35sc. was raided down to S3c. and reacted
TO S346S5ssc. There was heavy realizing
by parties who acted on the suspicion that
''plunging'' bulls might be trying to steal
march on them. The market was nervous.
Corn was inclined to weakness, December
selling down to 44c and May to 4S6sc. 1t re-
acted liz sympathy with the recovery IN
wheat. Provisions lost their gimpness as the
day advanced. The local operators who were
conspicuous bulls Oh the advance are all on
the other side now, and working for de-
cline 4 majority of the packers, too, would
like to see lower prices. They are not doing
much but have sold product moderately on
the bulge for Janury, February and May.
Lard, which has been strongest, was sub
jected 10 pounding to-day. 1t was offered
freely by SPECTATORS, and the AllertOD and
other packing houses were liberal sellers of
May Pork touched a higher price to-day
than any time OH the boom, May going up TO
Sl4j5 Receipts CT hog were 5000 head
yesterday, and estimates for to-day range
from 10000 TO d. 900 head. The wheat
crowd was never worse mixed than it was to-
day. Nearly everybody played for break
this morning, and there was report that the
JonesMcCormick peaple were
SELLING OUT QUIETLY.
As before noted the rush to get in ahead of
the big bulls decreased prices 5Sc, but the
market speedily reasserted itself. Every time
May got near s3c buying orders for an appar-
entity unlimited quantity developed, and up
hoped quotations. The prices ranged from
s3is to S3ssc, nearly the whole morning,
with a good business i'll the aggregate. but
not general trade as on previous days since
the market was lifted out of the rut. New
York was bullish on strong cables, and ST.
Louis pumped its correspondents on the floor
full of dry weather news, that is bad for win
ter wheat. The storm center seems 10 be
approXimating the dry section, however, and
changed conditions are imminent Private
adviees from across the water are bullish;
not Tampantly, roaringly bullish. but indi-
cative of healthy and improving state of
.rade The pressure on wheat on the stomach
IF consumers is lifting, offerings of wheat in
ransit are less. and home stocks are rapidly
decreasing The decline i'll corn received an
aarly and summary check. Hutchinson ap-
peared as buyer and his purchases put the
market mp to where it left off yesterday
'or May 1t was pegged at 4SS4c most of the
day. The nearer months are declined to
softness, though receipts are not excessive
estimates for tomorrow being $50 cars.
Ira de in the pit was of only moderate tone.
THE QUOTATIONS.
The leading futures ranged as follows.
Wheat-No: 2, November, opened at ?6lsc,
closing at 75a4c; December. 7GSsc, closing at
76c; January u lSc, closing 76l2c: May, ,e3l4c
closing S27sc Corn-No. . November
opened at 44l2c closing at 441sc; December,
4414c. closing at 44lSc; January 44l2c. clos
ing 44$sc; May, 49c, closing at 4S75c. Oats
No. =, November, opened at 21l2c closing
at 275sc: December, 271sc, closing at 2714c;
May, 307sc, closing at 3U7sc. Mess Pork-per
bbl, January, opened at $3.50, closing at
S13.s7I2; February, S14-O7l2, closing at Sl4;
May. at SLATE, closing at S14 37I2. Lard
per 100 lbs, November, opened at S7.O7l2,
closing at 81. 0212c; December. S7.O5, closing
at SI.O2l2; January, S|.oII2, closing at
$705; February, S7.20, closing at S7.12l2;
Short Ribs-per 100 lbs, January. 81,
closing at s695; February, S7.G7l2, closing
at S7O5; March, S7.20, closing at S7.l5.
Cash quota ions We're as follows: Flour
quiet and unchanged. Wheat-No. spring,
56l4c; No. spring, 67!2e bid; No. 2 red,
56l2c. Corn.No. 2, 44Ac. 0ats-No. .,
27I2c. Rye-No. >, 54l2c. Barlev-NO. .,
T7td 7Sc Flax Seed-NO. l, 81 .200l pole.
Timothy Seed-Prime, S2.33@2.34. Mess
pork, per bbl, SI3.50@l4. Lard, per 100
lbs. sos. Short rib sides, loose, S6.95
az: dry salted shoulders. boxed. $3.50
@6: short clear sides, boxed, S7.30G7.35.
Whisky-Disullers finished goods, per gal,
Sl.1O. Sugars-Cut loaf, 7li@7I2c; granu-
lated, Csc bid: standard A, 6I2c bid
Receipts-Flour, $4,000 bbls; wheat 81 600
bu; corn, Ia, 900 bu; oats, 10000 bu; rye,
5000 bu; barley, 1000 bu. Shipments
Flour. 10000 bbls; wheat, 1900 bu; corn,
$1,000 bu; oats, 100000 bu; rye, 1000 bu;
barley, 63, 900 bu. On the produce exchange
to-day the butter market was firm; creamery,
22T29c Eggs firm; fresh, 20I2022c.